Common use of Acceleration of Guaranty Clause in Contracts

Acceleration of Guaranty. The Guarantor agrees that, in the event that the Obligations have been accelerated pursuant to Section 8.2 of the Credit Agreement, the Guarantor will pay to the Administrative Agent for itself and as agent for the Lender Parties forthwith the full amount of all such Obligations.

Appears in 3 contracts

Samples: Credit Agreement (Lone Pine Resources Inc.), Credit Agreement (Lone Pine Resources Inc.), Credit Agreement (Forest Oil Corp)

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Acceleration of Guaranty. The Guarantor agrees that, in the event that the Obligations have been accelerated pursuant to Section 8.2 ARTICLE VII of the Credit Agreement, the Guarantor will pay to the Administrative Agent for itself and as agent for the Lender Parties forthwith the full amount of all such Obligations.

Appears in 2 contracts

Samples: Guaranty (Trinity Industries Inc), Credit Agreement (Trinity Industries Inc)

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Acceleration of Guaranty. The Guarantor agrees that, in the event that the Obligations have been accelerated pursuant to Section 8.2 of the Credit Agreement, the Guarantor will pay to the Global Administrative Agent for itself and as agent for the Lender Parties forthwith the full amount of all such Obligations.

Appears in 1 contract

Samples: Canadian Revolving Credit Agreement (Brown Tom Inc /De)

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